Wide acceptance of Crypto in the narrow minded majority world
Dear Coilers, just a thought or two about the problem for the future becoming the present. You who read this are probably in Crypto so deeply you almost can’t come out of it even if you wanted to. But for the Crypto to succeed, the majority has to accept it and that very majority is the problem.
Most of the people have heard for Crypto in the late 2017. and the beginning on 2018. during The Pump. There was not a single day you couldn’t read about Crypto in papers, on portals or even listen to people discuss it in bars when half drunk. They haven’t been interested in Crypto per se but in the opportunity to feed their greed and become millionaires without any knowledge or work. Even elderly in public transportation were discussing it.
A lot of “investing” companies came out of nowhere offering appealing investment packages, marketed in the same way every time: If you had invested xy months ago you would have made xxx zillions on your 100$ investment and if the future gain will be at least 50% of the past gain you will be a millionaire. All followed by the unreadably small letters saying: You will loose it all, fool, but we don’t care.
Many got in as the greed has eaten their common sense and their lack of knowledge didn’t help it either...
...Aaaaand, it’s gone...
The time passed and the Crypto story calmed down. The only thing which stayed is THE FACT that the Crypto is a FRAUD, nothing more nothing less. A fraud.
Now the story comes to my personal experience. I was IN before The Pump and am still in, in this loooong bear market. People occasionally ask me about the Crypto and my investment, as they know I stick to my beliefs. I do not start telling them about it myself, but Ken The Boss asked an interesting question: “What do you think is a good comeback line for when someone asks: “Hey, hows that Bitcoin thing going for ya?” I always say good, but I feel like there is a more smart-alec yet still respectful way to respond...”
I said maybe an answer shoul be: “Maybe the best is to tell them the charts are available on the Internet so go check them yourself if you are interested.”
I’ve learnt that people do not like to take the risk nor to blame themselves for their own wrong moves. As well, people rather belive to crooks in suits who want to take their hard earned cash than to those who really care about their well being. Whan I was telling people not to invest on the top of the baloon they’ve been saying I dont want them to earn. After I’ve helped them invest because they begged me to do it and the market went the only way it could have possibly gone, I was guilty for their loss. (Here I have to say that my friend Ivan is the only who do not blame me and he always says: “I have smoked and drunk much more than I have invested and my XRP is still here for my son.” (Who is 1 yr old btw))
So the majority, because of their greed, think that Crypto is a fraud and it is a story which has already ended and will never come back. No facts are going to change their mind. They are narrow minded. I even talked to the owner of one Croatian news portal trying to explain him blockchain and crypto assets and... it’s all Bitcoin to him and it is fraud. I faced him with the facts but he didn’t want to change his mind no matter he didn’t have counter arguments to the facts presented nor the answers to my questions. He doesn’t talk to me since then.
Ive called him an ignorant fool thou. The Boss says that it might be a reason...
But for the wide acceptance we need mass media to educate Plebs. If the mass media owners and editors are against it, all of us IN this story have to find a way to change it.
The only language all of them understand is MONEY so for the broad acceptance we need new highs. People LOVE buying expensive things, not cheap. It will be expensive when there will not be a flood of coins offered on exchanges and when use cases raise the demand for them. Till then we will watch speculators play with noobs eating their nerves and life savings...
Don’t be a NOOB, be a HODLER!